Shares of Installed Building Products Inc. (NYSE:IBP) traded at a new 52-week high today of $133.23. This new high was reached on below average trading volume as 80,000 shares traded hands, while the average 30-day volume is approximately 199,000 shares.
Installed Building Products Inc is an insulation installer serving the residential new construction market. The company operates primarily in the United States. The company installs fiberglass, spray foam, cellulose, and radiant barrier. In addition to insulations, Installed Building Products offers installation services for garage doors, rain gutters, closet shelving, shower doors, mirrors, fireplaces, and bath and door hardware.
Installed Building Products Inc. has overhead space with shares priced $130.57, or 0.7% below the average consensus analyst price target of $131.53.
Over the past year, Installed Building Products Inc. has traded in a range of $35.56 to $133.23 and is now at $130.57, 267% above that low.
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